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Abdul Rehman Najam
Strait of Hormuz is now open, Oil now below $90 โ โ
Huge relief for ๐ต๐ฐ๐ต๐ฐ Economy
Investing lesson: when under global conflicts, always bet on deescalation.
4 days ago (edited) | [YT] | 207
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Abdul Rehman Najam
Substantial oil & gas discovery in Kohat ๐ต๐ฐ๐ต๐ฐ
5000+ oil barrels & 17mmscfd gas per day, these hydrocarbons have a value of around $250Mn per year.
This is why I say, Oil & Gas exploration is the best import substitution for ๐ต๐ฐ๐ต๐ฐ
5 days ago | [YT] | 147
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Abdul Rehman Najam
Govt of ๐ต๐ฐ๐ต๐ฐ has received $2 Billion from Saudi Arabia.
This will help maintain $$ reserves above $15 Billion.
5 days ago | [YT] | 107
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Abdul Rehman Najam
Good news for users of Imported cars๐๐ป
Govt of ๐ต๐ฐ๐ต๐ฐ is formalizing used car Imports
- Only registered companies may be allowed to import cars
- All Duties/expenses will be paid via banking channels
- Importers will need to provide after sales service (3S dealerships & spare parts etc)
This will reduce scams/accident prone sales and consumers anxiety related to after sales service.
6 days ago | [YT] | 95
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Abdul Rehman Najam
Reportedly, Pakistan ๐ต๐ฐ๐ต๐ฐ to get $5 billion from Saudia & Qatar.
This will maintain our $$ reserves around $17 Billion amid the UAE loan & Eurobond repayment โ โ
1 week ago | [YT] | 179
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Abdul Rehman Najam
Diesel prices back below Rs400 โ โ
Major relief for Pakistani's as Diesel price is important for farmers & food prices as well.
War premium has evaporated in diesel prices, major inflation shock avoided due to amazing diplomacy by Pakistan.
1 week ago | [YT] | 147
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Abdul Rehman Najam
USA Vice President on his way to Islamabad ๐ต๐ฐ๐ต๐ฐ
1 week ago | [YT] | 139
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Abdul Rehman Najam
Reportedly, Iran ๐ฎ๐ท๐ฎ๐ท is asking for $1/barrel fee for passing the Strait of Hurmoz right now.
This means around $10Mn per day and $3.5 Billion per year.
$1/bbl wont harm the oil trade and may help in rebuilding Iran, remember Iran's demand of paying for war damages.
1 week ago | [YT] | 192
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Abdul Rehman Najam
History will be made today ๐ต๐ฐ๐ต๐ฐ
Today's 13,000+ PSX rally will be the highest gain in points, ever.
Congratulations to all PSX Investors.
In 2012, our whole index of PSX was 13,000 points & today this is the gain in just one day.
This is the magic of compounding โค๏ธ
1 week ago | [YT] | 297
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Abdul Rehman Najam
Huge huge thank you & appreciation for our Foreign Minister, Prime Minister & Field Marshall for bringing peace to the World ๐๐ผ
Pakistan ๐ต๐ฐ๐ต๐ฐ Zindabad โค๏ธ
1 week ago | [YT] | 198
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